Historic Mixed-Use Apartment & Retail
For Sale
$13,000,000
35 Union Street, New London, CT 06320
Converted from a 1872 hotel, it combines apartments, ground-floor retail, and a restored ballroom in one owned property.
Property Size75,075 SF
Price / SF$173.16
Days on Market85
Property Features for 35 Union Street
General Information
Standard status
Active
Size
75,075 SF
Class
Trophy
Property subtype
Multi-family
Additional Details
Multifamily Units
81
Building Details
Year Built
1873
Stories
5
Listing Agency:
Century 21 AllPoints Realty ((860) 508-2102)
(860) 508-2102
Listed By:
Lisa Cozzi · License #REB.0789668
(860) 508-2102
Source:
Cthomeseekers
Added: Jun 2
Changed: Aug 25
Last Checked: Aug 24 at 6:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 AllPoints Realty ((860) 508-2102)
Investment Insights
Based on property information with market context.
The Crocker House is a landmark five-story, red-brick mixed-use building originally constructed in 1872 as a luxury hotel and maintained as a multi-income property since then. The building contains 81 residential apartments in a mix of studio, one- and two-bedroom layouts, 7 ground-floor commercial spaces, and a beautifully restored Grand Ballroom. Building improvements noted include updated kitchens, modern flooring, elevator service to all floors, and on-site laundry facilities on every level.
Located in the historic downtown district of New London, The Crocker House anchors the corner of Union and State Streets. The property is described as steps from Union Station (Amtrak and Shore Line East), the waterfront, and City Pier, with access to area employers and institutions including General Dynamics Electric Boat, the U.S. Coast Guard Academy, Pfizer, and Connecticut College.
For buyers or operators looking for a single asset with multiple operating components, The Crocker House offers residential income through its apartment mix, retail space through its seven street-level commercial units, and event-driven use through the restored ballroom. With elevator service throughout and laundry on every level, the building is positioned to support day-to-day resident convenience while accommodating a range of commercial tenancy in the same address.
Located in the historic downtown district of New London, The Crocker House anchors the corner of Union and State Streets. The property is described as steps from Union Station (Amtrak and Shore Line East), the waterfront, and City Pier, with access to area employers and institutions including General Dynamics Electric Boat, the U.S. Coast Guard Academy, Pfizer, and Connecticut College.
For buyers or operators looking for a single asset with multiple operating components, The Crocker House offers residential income through its apartment mix, retail space through its seven street-level commercial units, and event-driven use through the restored ballroom. With elevator service throughout and laundry on every level, the building is positioned to support day-to-day resident convenience while accommodating a range of commercial tenancy in the same address.
Key Highlights
- Year built 1873—iconic red‑brick, landmark mixed‑use building originally constructed as a five‑story luxury hotel
- 81 residential apartments: studios plus 1- and 2‑bedroom units
- 7 ground‑floor commercial spaces for additional income under one roof
Property Analytics
Property Profile
Current Use
Lease Details
81
Residential units
Location Intelligence
Trade Area within ½ mile
1,814
Businesses Nearby
Explore this area
Business Placement
Demographics for 06320, CT
27,398
Population
12,528
Households
2.2
Avg Household Size
34
Median Age
29%
College-Educated
88%
High-School Grad
5.6 sq mi
ZIP Area
4,893
Density / Sq Mi
$60,224
Median Household Income
$34,932
Median Earnings
$1,304
Median Rent
$234,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Converted from a 1872 hotel, it combines apartments, ground-floor retail, and a restored ballroom in one owned property.
Where is this apartment building located?
The property is located at 35 Union Street New London, CT.
What is the asking price?
The asking price for this property is $13,000,000.
What are key features of this property?
This property features: Year built 1873—iconic red‑brick, landmark mixed‑use building originally constructed as a five‑story luxury hotel; 81 residential apartments: studios plus 1- and 2‑bedroom units; 7 ground‑floor commercial spaces for additional income under one roof
